Dubai Islamic Bank reported a 13% YoY increase in operating revenue to AED 3.5 billion for Q1 2026, with operating profit growing 12% YoY to AED 2.5 billion driven by cost discipline.
Total assets expanded 18% YoY to reach AED 420 billion, supported by a 19% YoY growth in net financing and Sukuk investments totaling AED 364 billion.
Asset quality metrics improved with the non-performing financing (NPF) ratio declining to 2.5% from 3.7% in Q1 2025, while the cash coverage ratio increased to 122%.
Customer deposits rose 22% YoY to AED 322 billion, and the bank maintained healthy capital buffers with a Capital Adequacy Ratio (CAR) of 15.8% and a CET1 ratio of 12.6%.